The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-02-26
CONDITION OF THE MARKETS.
Good Buying Of Wheat, Despite Foreign
Advices Indicating Weakness.
Corn Dnll but Steady, Closing Slightly Higher
thaa OH Thursday-0ats Easier-Provis-
ions Very Active at Higher Prices.
MONEY. BONDS AND STOCKS.
A Teverish Day In Wall Street, the Market
Generally Closing Firm.

A Teverish Day In Wall Street, the Market
Generally Closing Firm.
NEW YORK. Feb 25.-Money easy at BOA
per cent the last 10 being made at 3; the market
closed at 3.
Prime mercantile paper, sac per cent.
Sterling exchange was weaker but quotations are
unchanged.
The total sales of stocks to-day $50, 2S7
fhares, including the following: Canada Southern,
Also; Delaware Lackawanna g. Western 9,345
Erie, 81 No. Lake Shore, 15440: Louisville & Nash
ville 4,41O; Missouri Pacific, 1850; Northwestern
5,34O; New Jersey Central, 6,2S2; Reading, "a, TO-
ST. Paul, 1915 Texas Pacific, 1920; Union Pa
cifc, 10. S75; Western Union 34,51s.
The stock market to-day, while on higher plane
than that of yesterday, was much less active, and
rather feversh giving unmis taxable evidence OF re-
alizations in most of the active list The movements
in the different stocks spasmodc and several of
the specialties which have lain dormant for some
time were taken hold of and advanced. There no
steady movement in the list throughout the day,
stocks changing frequently from weakness to
strength and vice The only important move
ments were the advances in New York Central, Lake
Shore s. Western and Erie preferred and the decline
in Richmond g. West Point. The general tendency.
however. upward during the forenoon and down
ward in the afternoon the final changes being about
equally divided between gains and losses. The huc-
tnations in most of the list confined within ex-
tremely narrow limits, and though London and many
commission brokers We're buying the market required
some aid from the cliques to resist
the pressure of realizing sales. The of
the day not important. and the rumors
circulated had special effect. There partic-
ular group Of stocks which commanded special aten
ton, but Jersey Central again inclined to weak
ness, which said to be in consequence of the
liquidation OF board-room pool. Pullman Palace
and St. Paul & Duluth among the inactive stocks.
showed marked strength, while Morris & Essex was
notably weak. The opening was somewhat irregular,
final figures ranging up to 80. The market active
for the first half hour only after which there
moderate trading during the remainder of the fore
noon Considerable weakness was shown in the early
dealings, Jersey Central and Richmond q West Point
being most prominent in the decline. The advance
however, resumed. and, under the lead of Eli
wankee, Lake Shore & Western, and Canada South
ern. the best prices of the day reached shortly
before IL o'clock. Another sght advance occurred
early in the afternoon the market then becoming dull
Later however, prices yielded the entire list blu
in the last hour the strength in the Erie preferred
checked the decline. and the close dull but steady
close to opening figures. Sales. 299, 287 shares
Railroad bonds moderately active, the Texas
Pacific issues still being the special feature and being
joined by second consols. Sales, 81 697 900, Of
&476, 600: New Orleans Pacific trust receipts $453
900; Texas Pacific. Rio trust receipts $3.50 600 ant
Erie second consols, $187 600 The general list wal
firm throughout most of the day, and generally show.
advances of small fractions.
Government bonds and State bonds were dull an(
steady Closing quotations
,broa dell Q1olTo 60